TNT Kids Fitness

Analysis

TNT Kids Fitness is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TNT Kids Fitness reported income of $2.9m and spending of $3.4m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, TNT Kids Fitness sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ND. Charities of a similar size with the same main cause include Fargo Park District Foundation ($2.9m), Camp Sunshine at Sebago Lake Inc ($2.9m) and Lorain County Agricultural Society ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $147k (4.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.0m against liabilities of $2.3m, net assets of $4.7m. It reported 93 employees.